FriendTimes Inc. (HK:6820) has released an update.
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FriendTimes Inc. has voluntarily reported unusual fluctuations in their share price and trading volume, but after investigation, the company’s board is not aware of any specific reasons for these changes. The company’s operations remain normal with stable revenue from flagship games, and they are progressing with planned launches and collaborations, including a new mobile game set for release in July 2024. Additionally, the company has accumulated over 3.1% of its total share capital through a Share Award Scheme to demonstrate management’s confidence in its long-term growth.
For further insights into HK:6820 stock, check out TipRanks’ Stock Analysis page.